Signaturefd LLC Acquires 12,757 Shares of Medical Properties Trust, Inc. (NYSE:MPW)

Posted by on Apr 15th, 2023

Signaturefd LLC increased its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW – Get Rating) by 69.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,027 shares of the real estate investment trust’s stock after buying an additional 12,757 shares during the period. Signaturefd LLC’s holdings in Medical Properties Trust were worth $346,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Marshall Wace LLP grew its stake in shares of Medical Properties Trust by 348.8% during the third quarter. Marshall Wace LLP now owns 7,104,051 shares of the real estate investment trust’s stock valued at $84,256,000 after purchasing an additional 5,521,226 shares during the last quarter. State Street Corp boosted its position in Medical Properties Trust by 11.7% in the 1st quarter. State Street Corp now owns 36,158,910 shares of the real estate investment trust’s stock valued at $774,593,000 after buying an additional 3,800,294 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Medical Properties Trust by 24.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 17,071,940 shares of the real estate investment trust’s stock valued at $202,473,000 after buying an additional 3,355,195 shares during the period. Heitman Real Estate Securities LLC acquired a new stake in shares of Medical Properties Trust in the 3rd quarter valued at $34,536,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Medical Properties Trust by 175.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 3,850,463 shares of the real estate investment trust’s stock valued at $58,797,000 after buying an additional 2,451,617 shares during the period. Institutional investors and hedge funds own 80.31% of the company’s stock.

Medical Properties Trust Stock Performance

MPW stock opened at $8.28 on Friday. The business’s 50-day moving average price is $9.71 and its two-hundred day moving average price is $11.17. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.19. The firm has a market cap of $4.95 billion, a PE ratio of 5.52, a P/E/G ratio of 0.54 and a beta of 0.95. Medical Properties Trust, Inc. has a 1-year low of $7.10 and a 1-year high of $20.46.

Medical Properties Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 13th. Shareholders of record on Thursday, March 16th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Wednesday, March 15th. This represents a $1.16 annualized dividend and a yield of 14.01%. Medical Properties Trust’s dividend payout ratio is presently 77.33%.

Wall Street Analyst Weigh In

MPW has been the subject of several research reports. JPMorgan Chase & Co. lowered their target price on Medical Properties Trust from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, March 3rd. Bank of America cut Medical Properties Trust from a “buy” rating to a “neutral” rating and set a $10.00 target price for the company. in a research note on Thursday, March 16th. Credit Suisse Group reissued a “neutral” rating and issued a $11.00 target price on shares of Medical Properties Trust in a research note on Tuesday, March 7th. KeyCorp lowered their target price on Medical Properties Trust from $16.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, April 4th. Finally, Raymond James reduced their price target on Medical Properties Trust from $18.00 to $16.00 and set a “strong-buy” rating on the stock in a research report on Thursday, March 2nd. Seven analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Medical Properties Trust currently has a consensus rating of “Hold” and a consensus price target of $13.73.

Medical Properties Trust Company Profile

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Medical Properties Trust, Inc is a self-advised real estate investment trust, engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals, long-term acute care hospitals, ambulatory surgery centers, hospitals for women and children, regional and community hospitals, medical office buildings, and other single-discipline facilities.

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Institutional Ownership by Quarter for Medical Properties Trust (NYSE:MPW)

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